Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
While overall dairy exports from New Zealand and Australia are declining, the European Union is showing strong export growth, says Fonterra’s November Global Dairy Update.
This is despite China’s imports being 12% up in the year to September 2017 and increasing a whopping 34% (53,000 tonnes) in September versus the same month last year.
NZ’s total dairy exports for September decreased 7% (14,000t) versus the same month last year.
Exports for the 12 months to September 2017 were down 2%.
“Weak powder numbers led the decline, with whole milk powder (WMP) and skim milk powder (SMP) down 11% and 26% respectively,” the update says. “Fluid and fresh dairy growth continued, up 9000t (39%) for September.”
Weak volumes for SMP, AMF and butter – down 11%, 14% and 10% respectively – led to the overall 2% decline in exports in the year to September.
Fonterra Australia dairy exports were down 3% both in September and for the year to September 2017.
Meanwhile the latest figures show European Union dairy exports rose 5% in the 12 months to July 2017 and 10% (40,000t) in July versus the same month in the previous year.
Exports of SMP increased significantly, up 70% (30,000t). Fluid and fresh dairy and infant formula also had solid growth, up a combined 9%. This was partially offset by declines in whey powder, down 16% in July.
Exports for the 12 months to July were up 5% (227,000t) on the previous comparable period. SMP, infant formula, cheese and lactose exports increased significantly, up a combined 265,000t (13%), offset by declines in fluid and fresh dairy, butter and AMF, down a combined 56,000t.
US exports were up 11% for the 12 months to September 2017 but decreased by 6% (11,000t) in September versus the same month the previous year.
This was the second consecutive month of declining US exports.
Leading China’s increase in imports were WMP, infant formula and SMP, up a combined 96% (33,000t) in September.
“Imports continue very strong into China, with almost all categories showing growth this year: WMP, infant formula and SMP grew the most, up a combined 22% (179,000t),” the Global Dairy Update says.
Acclaimed fruit grower Dean Astill never imagined he would have achieved so much in the years since being named the first Young Horticulturist of the Year, 20 years ago.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.
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